Mastercard’s $1.8B BVNK Deal Signals Stablecoin Shift
Mastercard’s $1.8 billion acquisition of BVNK highlights a growing shift toward stablecoins in global payments.
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Fhumulani Lukoto holds a Bachelors Degree in Journalism enabling her to become the writer she is today. Her passion for cryptocurrency and bitcoin started in 2021 when she began producing content in the space. A naturally inquisitive person, she dove head first into all things crypto to gain the huge wealth of knowledge she has today. Based out of Gauteng, South Africa, Fhumulani is a core member of the content team at Coin Insider.
Mastercard’s $1.8 billion acquisition of BVNK highlights a growing shift toward stablecoins in global payments.
PayPal has expanded its PYUSD stablecoin to 70 global markets, broadening access to dollar-backed digital payments.
Crypto.com partnered with KG Inicis to let tourists in South Korea pay with crypto while merchants receive local currency.
Abra plans to go public via a $750 million merger with SPAC New Providence Acquisition Corp. III, targeting a Nasdaq listing.
An Australian Senate committee is reviewing a bill that would introduce a licensing framework for cryptocurrency trading platforms.
The bankruptcy of crypto lender BlockFills highlights ongoing financial strain in parts of the digital asset lending sector.
Mastercard is collaborating with Ripple, Binance, and PayPal to strengthen links between traditional payments and crypto systems.
The US Senate has passed a bipartisan housing reform bill that includes a provision temporarily blocking the creation of a US CBDC.
South Korea plans to deploy an AI system to analyse billions of crypto transactions and strengthen enforcement of upcoming crypto tax rules.
Revolut has secured a UK banking licence from the PRA and Financial Conduct Authority, moving closer to becoming a fully regulated bank.
Ghana has approved 11 cryptocurrency and blockchain companies to participate in a regulatory sandbox supervised by the Bank of Ghana.
Société Générale-FORGE has expanded its euro-backed stablecoin, EUR CoinVertible (EURCV), to the Stellar network.